I have no re-enter price target. All depends on how the financial problems will be solved at IMU and CHM. And it was the debacle at CHM that opened my eyes. Platforms are at similar stage, great results / data - at least that's what we've been told - and yet, unwanted.
The parallels to IMU are too close for my liking especially when the same people run the businesses. The AGM today confirmed that a similar scenario has 30-50% chance to occur at IMU as well. More Dilution and what we've been told aren't relevant anymore, what counts is $$$$$$$. Without them both comps will fail and at this stage there is ZERO interest in any of the platforms by those who are able to fund them.
To answer your question, I would buy back into both when the funding is secured and don't mind paying a higher price than what I have sold for. But I do mind losing it all, hence I am now on the sidelines.
IMU Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
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